Larry Johnson: Saudi Pipeline Shutdown After Attacks:Asian Refiners Brace for Sour Crude Price Shock
Summary
Larry Johnson joins to discuss the global diesel crisis, arguing that Trump’s blame on Ukraine is false and that the real cause is a refining capacity shortage exacerbated by the Iran war and Saudi pipeline damage. The conversation covers the fragility of alternative oil routes, the US Strategic Petroleum Reserve nearing critical levels, and Europe’s declining geopolitical relevance. They also analyze the ongoing Yemen-Saudi conflict, the lack of diplomatic progress, and a new documentary exposing Israeli war crimes in Gaza.
Topics discussed
Sponsors: Perk and ShipStation
Introduction and guest welcome
Life in Russia: Malls, food, and society
Russian public opinion on the war and Putin
Trump's blame for diesel crisis and 'The Wrong War'
The diesel crack spread and refining capacity crisis
Strait of Hormuz closure and sour crude supply issues
Saudi pipeline damage and repair timelines
Attribution of pipeline attack and regional threats
Global oil shortage and US blockade of Iran
Energy Secretary Chris Wright's claims vs reality
Alternative sour crude sources: Iraq and UAE
The Simpsons gas price parody
Trump's claims on US weapons production
US strategic petroleum reserves at historic lows
Sponsors: Perk and Inside Fix
SPR red lines and salt cavern safety limits
Saudi-Yemen conflict and MBS diplomatic moves
Trump's inaction on Saudi-Yemen and Israel's role
Sponsors: Perk and Inside Fix
Regional inaction and new missile strikes on Saudi
Europe's irrelevance and military decline
Drone strike near Polish border and German rearmament
EU deindustrialization and demographic concerns
Gaza documentary and Israeli citizenship revocation
International courts and enforcement of genocide charges
Closing remarks and potential US actions in West Asia
Sponsors: Perk, Inside Fix, and ShipStation
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